The National Pharmaceutical Pricing Authority (NPPA) has revised/ fixed the prices of 25 formulation packs on 15th January 2004. The authority has, as part of supporting the industry initiatives to counter the spurious drug menace, allowed for the first time the additional cost incurred on hologram labeling while fixing the prices of popular antiseptic liquid "Dettol".

While the prices of Encephabol 100 mg and 200mg tablets of Merk will have to be reduced due to the revision, Evion LC Tablets, containing Tocopheryl Acetate imported and marketed by Merk has come under price control for the first time.

Out of these packs the Ceiling Prices in respect of 13 formulation packs have been fixed under DPCO, 1995, based on Vitamin C, one pack vide S.O.No.71(E), and Tetracycline HCL, five packs vide S.O. No.72(E) & S.O No. 75(E), and for the first time, four formulation packs based on Betamethsone Sodium Phosphate vide S.O.No.76(E) dated 15th January, 2004. The prices of 12 Non-Ceiling Packs based on the bulk drug Vitamin E, Pyrithioxine and Chloroxylenol have also been fixed by the NPPA.

The prices fixed / revised would become effective within 15 days from the date of notification in the official gazette or the receipt of the Non-ceiling, price (NCP) Order of the NPPA in this behalf, as per Para 14(1) of DPCO, 1995, stated an NPPA release.